Why SoftBank's Vision Fund Is Betting on Indoor Farms

The video discusses SoftBank's investment in Plenty, a vertical farming startup, aiming to expand a global farm network to provide affordable, nutrient-rich food worldwide. Despite challenges in scaling and meeting demand, Plenty has developed strategies to offer competitive pricing similar to major retailers like Walmart, ensuring accessibility to quality produce.

What is the primary goal of Plenty's global farm network?

• To provide affordable and accessible food worldwide

• To increase the number of indoor farms in rural areas

• To focus on growing exotic fruits and vegetables

• To reduce the carbon footprint of traditional farming

What has been the main challenge for vertical farms in scaling globally?

• Competing with traditional farming methods

• Making vertical farming affordable for everyone

• Developing new farming technologies

• Finding suitable locations for farms

Why is there a need to focus on growing nutrients rather than just calories?

• Because the planet has enough calories but lacks nutrients

• Because calories are more expensive to produce

• Because nutrients are easier to grow indoors

• Because calories are not in demand

How does Plenty plan to compete with major grocers like Walmart?

• By offering a wider variety of products

• By reducing prices to fit into everyone's budget

• By focusing on organic produce only

• By opening more stores in urban areas

What is Plenty's strategy for making high-quality food accessible?

• By reducing the number of distribution centers

• By focusing on online sales

• By ensuring food is available at both high-end and budget stores

• By partnering with local farmers